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The division could be a preview of what might happen if President Donald Trump appoints a replacement who pushes for the much lower interest rates the White House desires.
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
The Fed brushed off repeated calls from President Trump for a cut, though two members voted to reduce borrowing costs.
Federal Reserve Chair Jerome Powell spoke highly Wednesday of President Trump’s visit last week to the central bank’s ...
President Trump wants lower interest rates, but Jerome H. Powell, the chair of the Federal Reserve, is not yet ready to deliver them.